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20121228
20121228
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Search Results 0 to 16 of about 17 (some duplicates have been removed)
was a freshman at the university of hawaii. >> host: i apologize. take it one step back. how did she get to hawaii? >> guest: her father, who had been a furniture salesman in mercer island, or in seattle, washington, he got a job selling furniture in honolulu. he was always looking over the next thing. moving west. he moved from kansas, california, spent time and seattle, seattle to hawaii. so she came along as a family. she was only 17 when she graduated from high school, and excellent public school in suburban seattle. her name is stanley and. his name was stanley. barack obama had been there since 1969. also an undergraduate even though he was much older. and they both happen to sign up for a beginning russian class. this was during right after sputnik and the schools all of the country are starting to teach russian. it was the most important thing public schools could do, prepare the u.s. for the cold war. so they both ended up in a russian class and that's what the met. >> host: how long do they know each other before they got married? >> guest: they knew each other for five months.
years to deal with it. this is a gimmick, the flying back from hawaii to do this. nothing going over the fiscal cliff. let the tax cut expire. come back in, offer the tax cuts for people under 250. call them obama cuts and get it going. if you are in congress. you make $175,000 a year. you get vacation days off. they go back and smoke cigars, eat steak, drink wine and laugh. >> andrea: is there something wrong with eating and drinking? if with pay them to do it. >> eric: they want to hit the buffet line. >> andrea: do it on their own time. not when the country is in a financial crisis. i think obama gets a superhero cape after this. >> andrea: people say republican goes down either way on this. but the house and the senate, this last election by blaming republicans. does he think he will get blamed for this? no. he figures i can do whatever i want. leave the republicans out for dead. >> eric: he is winning the messaging game. that is clear. >> andrea: i say that with confidence. he was able to say look, i was willing to meet them halfway. more than 50%. they don't want to work with u
, senator. >> reporter: but to swear in a new democratic senator from hawaii. a vote the white house will need if the senate ever gets around to voting on a plan to avert the fiscal cliff. in the house, even less going on. the only hopeful words, from the house chaplain, looking for some divine help. >> as this chamber lies silent, still, we pray for hope. >> reporter: without agreement soon, nearly everybody takes a hit. a schoolteacher with two kids and a salary of $43,000, for example, will face a tax hike of more than $3,000. members of congress helped get us into this mess and they'll pay, too. with incomes of $174,000, they'll pay some $7,500 more in taxes. as for the super rich? well, consider basketball phenom lebron james. he makes about $53 million. he could see his taxes go up by more than $2.4 million next year alone. and it's not just taxes. on january 1st, unemployment benefits expire for some 2 million people. and we've just learned the president will meet tomorrow at the white house with congressional leaders. one last ditch effort to get something done, david. >> jon
. it was all part of the image thing, not just of him, but generally in hawaii, where in my mind there was some kind of line between sophisticated detachment and just slacker lately. and he exuded the sophisticated detachment. he has his act together in a way. he understood how things work, maybe a little better than the rest of us. >> guest: you know, that was when he was 15 or 16 years old. and you can see some of those characteristics today in his presidency. there are a lot of reasons for that detachment. part of it has to do with hawaii. he was a native hawaiian and you just keep cool. no matter what else is going on. he had not come ridership with his buddies. best of all, you know, just being cool. it was part of his formative years. he has always had that nature. another aspect is more developed and related, i would say, or politics, which is in this country and all of its racial dynamics and explosiveness, a black person was discussed as being very cool. >> host: how much pot smoking did the president do? >> guest: well, there aren't are particulars. you know, the whole notion of bill
to hawaii. where he said look, we have to scale back expectations. basically just extend middle class tax cuts. don't worry about the rates for everyone else. secondly extend unememployment insurance for about two million people who will be losing it a few days from now at the end of the year. finally he refer to possibility of smaller bit ever spending cuts. not major entitlement rerecall to. not major cuts to medicare like had been on the table in so-called plan a, the $4 trillion debt deal he and john boehner had been talking about for weeks. so we might see a small bit of spending cuts just to stave off the sequester, the massive amount of spending cuts that will kick in at the beginning of the year to harm the pentagon and other agencies. if they are getting anything, there are low expectations but if they get anything it will be a very small deal, something much smaller than they have been talking about for weeks, jon. jon: there aren't too many people these meetings. so a little hard to get an assessment, what is your idea, what is your best, yeah, assessment i guess how things are
and speaker have been talking about. if you remember one week ago today, before he left for hawaii, the president came into the white house briefing room in the evening and basically said this is what the plan should be. >> the next few days i've asked leaders of congress to work towards a package that prevents tax hikes on middle corral americans, unemployment insurance for 2 million americans and lays the ground work for further work on growth and deficit reduction. that's an achievable goal. >> you can see three points, the president wants to protect the middle class tax cuts, forget about extending tax cuts for higher incomes but adds 2 million people about to lose unemployment if there's no deal, and then finally, some small spending cuts but punt the bigger ones like medicare reform, for example, until next year. the president thinks it's achievable. we'll see. >> as soon as the meeting breaks up we'll bring it to you live. if lawmakers cannot reach a deal by january 1 we could feel pain in our first paycheck next year, as in next week. for the millions of americans out of wo
early from his hawaii vacation yesterday. speaker boehner call the house back into town for an unusual sunday session. members of congress understand the 11th hour acts may not be enough to appease the public. >> the american people have a right to be very upset with this congress. >> reporter: the fiscal cliff would bring massive tax increases and deep spending cuts. treasury department would have trouble paying its bills. many worry the financial woes would plunge the u.s. back into a recession. within possible effect of the fiscal cliff/fro, -- milk prices could spike two or three dollars a gallon because farm -- some are calling that dairy cliff. >>> 6:17. mike here tracking light rain.i. l >> i'd like to. >> here's mike with the weather. >>> thank you, hope you are having a great friday morning dry sky over san francisco from the east to sutro tower. light rain showing up off the sonoma county coast,oo8Ñ let's zoom down and show you highway 1 from to inverness looks like it is raining but not reaching the ground. sprinkles possible during the as air mass start to moisten under th
the fiscal cliff. meanwhile, president obama cut his hawaii vacation short to return to washington today. but has he been working on a deal? "outfront" tonight, reports from both ends of pennsylvania avenue. chief white house correspondent, jessica yellin, and senior congressional correspondent, dana bash. jessica, first, to you, the president's back in washington, wheels down. he left his christmas vacation early. but was this just a bit of showmanship, or has he been working on something specific? >> reporter: hey, john. well, today has been a bit of a quiet day here at the white house. publicly, the president has been scarce, no sign of him. behind closed doors, i'm told a few meetings internally, but mostly, relatively quiet. i expect we will see more from the president, perhaps we could even see him publicly tomorrow. perhaps he could even meet with or talk to some of the congressional leaders. the president's role in all of this, he can get each of the leaders to come closer on what the white house believes is already, pretty clearly, the framework for a final deal, and he can also
obama returned to washington for a last-minute push before leaving vacation in hawaii, he had separate phone conversations with congressional leaders. but it's not clear the talks helped. house republican leaders say they'll take action on whatever bill the senate can pass. but the senate must act first. brandi and muhammad? >> thank you. oh, to be a fly on the wall today in that meeting when it all happens. >> we've been talking all week about this going down to the deadline. i mean, we are right at that deadline. this is going to be a photo finish. >> and if the house ends up adjourning, it usually takes 48 hours to be called back. so the timing is really key here. whatever happens today could be the deciding factor. >> a lot of it comes down to who is going to blink first. >> if either side each does. >>> also making headlines today, retired general norman schwartzcopf has died from pneumonia. known as stormin' norman, schwartzcopf commanded the u.s. led international coalition that drove saddam hussein's forces out of kuwait in 19ed 1. president obama was among those praising schwa
right before he left for hawaii. he obviously has come back from the vacation. we're told behind closed doors one hour from now he will push the short-term fix to the republican and democratic leaders. the pressure is on them because economists said if they don't come up with a deal we may slip into another recession. earlier today republican senator bob corker is warning look, the markets have been relatively stable during all these talks because they thought all along near the end we would get a deal. if they don't get a deal, senator corker said the markets may respond in negative way to congress kicking the can down the road. gregg: corker said the president is doing this for show. this is optics, this meeting as if to suggest it is not serious. we'll wait and hear what you have to report after the meeting has concluded. ed henry, live at the white house. ed, thanks very much. the fiscal cliff crisis also taking a toll on consumer confidence, a key driver of the nation's economy. take a look at this. according to a new report from the conference board now just to explain, a score of
short his hawaii vacation to return to washington and coming up, signs that president obama maybe reaching out to another republican leader after his negotiations with house speaker john boehner did not result in a deal. >> well, traffic don't in downtown san francisco could grind to a halt. that's because today is the last scheduled critical mass event for the year. for those new to the area, on the last friday of every month, dozens of cyclists ride alightning the waterfront and down market street and drivers are always advised to expect delays. >> peeking of, we haven't really seen any this morning. let's go to tara and see if that changed. >> no, the same story. maybe a lot of folks headed up to the tahoe area. maybe they already left as a matter of fact because the skiing is going to be pretty good up there. right now i want to show you my maps so you can see exactly what i'm talking about up here. the roadways are completely clear and in livermore the same story. overall a very nice commute this morning. 237, those taillights there on the far right hand side of your screen w
am flying back from hawaii and see if i can bring them back together. they are far apart as they have been. >> kelly: why are they having the meeting? because of the talk and rhetoric is ramping up and the agreement is going down. i mean, for example, senate majority leader harry reid is name calling and calling john boehner a dictator . this is what he had to say. >> the american people i don't think the house representative is operating without the house of representative. it is being operated with a dictatorship of the speaker not allowing the vast majority of the house and representatives to get what they want. >> that sounds ridiculous f. it was a dictatorship boehner would have gotten that vote and he couldn' get the vote. what we should do honestly guys, is swan dive ov the fiscal cliff. let president obama own the fiscal cliff. it should be called the obama cliff. >> julia: people know how much they would have to pay. folks on the man on the street interviews . people are looking at the numbers going what. >> kelly: in today's meeting should be a crucial meet the white house s
in places like california and hawaii because of land use laws from the 1960's. second, if you look to the community reinvestment act, if you think that is the cause of the bubble, you have to explain why there was not a bubble in houston, raleigh, n.c., that winter? -- atlanta? it applied to those cities just as much as san francisco and miami, yet there were bubbles there and no balls in houston, omaha, -- bubbles in houston, ohio, -- global hawk, where have you. host: you conclude the book with "home ownership is not just an american dream, a dream of people all over the world. guest: that is absolutely right. a lot of research has shown that homeownership is one way to help people get out of poverty. if you want to start a small business, it turns out most are started with a loan on a business owner's home. if you want to put your kids through college, you can borrow against your home. homeownership is a way to build wealth. yet we have government saying we should get more people into apartments, fewer people into cinder the -- single-family homes. host: what is the track over l
Search Results 0 to 16 of about 17 (some duplicates have been removed)